USD/JPY tests intervention level, buyers may look for a new high above 160. The dollar was again in the intervention zone against the yen during the European session on Wednesday (June 26), hovering just below 160. It was reported at 159.958/68...
The Art and Strategy of Scalping in Trading Scalping is a high-frequency trading strategy that aims to profit from small price changes in financial markets. This method is distinct in its speed and precision, requiring traders to make rapid...
The USD/CAD currency pair prices are currently below the weekly lows. Repeated testing and subsequent rebound could provide an opportunity for a new upward movement with targets of 1.3673 and 1.3706. At the same time, key support areas could not...
USD/CAD analysis: At the H1 timeframe analysis, the USD/CAD pair is currently encountering resistance from sellers who are trying to reverse the ongoing uptrend. The pair recently dropped from a high around 1.3790. Now, the price is trading between...
The NZD/USD exchange rate currently stands at 0.6134, indicating a bearish trend in the market. This decline reflects a gradual weakening of the New Zealand dollar (NZD) relative to the US dollar (USD). The ongoing bearish trend in the NZD/USD...